3801 North Albany, Chicago IL 60618
- Units 4
- Total Beds 11
- Total Baths 4
- Taxes $19,692
- Payment Estimate View Mortgage Calculator
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Property Description
Exceptional opportunity to acquire a cash-flowing 4-unit property in the high-demand Irving Park neighborhood-ideal for the savvy investor seeking strong returns and long-term equity growth. The front frame building offers three spacious 3BD/1BA units, each with separately metered utilities and tenant-paid HVAC, minimizing owner expenses and boosting income. The rear structure adds an additional 2BD/1BA unit, offering diversified rental streams and maximum revenue potential. **This well-maintained asset sits on a quiet, tree-lined residential block, surrounded by consistent rental demand and strong neighborhood fundamentals. Tenants enjoy easy access to public transportation, major highways, parks, and retail, making it easy to lease and retain quality renters. **With minimal deferred maintenance, stable occupancy, and significant upside through rent increases or light value-add updates, this is a low-risk, high-reward investment. Ideal for cash buyers, 1031 exchange participants, or portfolio investors seeking a solid income-producing property in one of Chicago's fastest-appreciating areas. Turnkey, tenant-occupied, and sold as-is-start collecting rent from day one.
Features & Information
Key Details
- List Price $575,000
- Property Taxes $19,692
- Price/ Sq. Ft. Unavailable
- Year Built 1895
- Parking Type None
- Status Pending
Rooms
- Total Rooms 22
- Basement N
Exterior Features
-
Parking
- Parking Details None
- # of Cars: 0
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Frame
- Heating & Cooling Gas, Forced Air
-
Units
- Unit 1 None
- Unit 2 None
- Unit 3 None
- Unit 4 None
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property Take Addison To Albany (n) To Subject Property.
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
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Property Taxes
- Tax 19692
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 13241100230000
Utilities
- Sewer Sewer-Publ
Listed by Oscar Darden for DEI Realty LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/2/2025 2:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Irving Park
Originally planned as a Chicago suburb, this diverse north side Chicago neighborhood retains much of its cozy charm while offering all the amenities of big city life. Although it is removed from Chicago's central Loop, Irving Park is quite active with its own commercial district that provides a good selection of specialty shops and independent businesses. When night falls, the neighborhood watering holes fill up. A few Irving Park bars draw crowds with live music acts that range from jazz to rock to Hip Hop, but most taverns are simple hangouts with good brews and friendly bartenders. Before heading over to the local pub, Irving Park is a great place to get a bite to eat. Take your pick of American, Thai, Chinese, German, Italian or Mexican cuisine. In Irving Park, you can even get Bosnian and Serbian dishes. Let your tummy be the guide and you're sure to find Irving Park is a very enticing Chicago neighborhood.
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